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Dec 21, 2012
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i think the energy independence in america is a huge theme going forward. there are other themes that are not dependent on the policy, as well. this obesity thing with my generation going into the diabetes year, the diabetes stocks, the handle diabetes, i think it's a very investable theme with long legs. >> steven, let me take it over to you. we had an expiration at the end of the day today. what did you see at the close? >> as you might expect, we saw enormous volume. it didn't move stocks that much. we stayed within the range of the day. 1422 is as clowe as they ever got. you did see some volatility, but nothing like we saw in the overnight futures markets. you saw enormous volume. but things did stabilize. the technology stocks, the financials, those kind of names. and it's been good, like the transports and the utilities are always safe haven. they turned up a little bit, but not so bad. it was a general risk off day, but nothing like the expected coming in. >> and where do you see conviction, steven, when you're watching all the flows and committed bu
i think the energy independence in america is a huge theme going forward. there are other themes that are not dependent on the policy, as well. this obesity thing with my generation going into the diabetes year, the diabetes stocks, the handle diabetes, i think it's a very investable theme with long legs. >> steven, let me take it over to you. we had an expiration at the end of the day today. what did you see at the close? >> as you might expect, we saw enormous volume. it didn't...
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Dec 4, 2012
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> 28 days until the country plummets off the tax and fiscal cliff. big tax hikes could be coming for everyone but we see also a drastic reduction in the number of millionaires in the u.s. as a result of this tax cliff. robert frank joins us now with the details. good evening, robert. >> good evening. drastic is right. if we go over the cliff the wealthy will become less wealthy and fewer americans would become wealthy. the u.s. has around 5 million millionaires with a total wealth of $18.8 trillion. next year there are three possible scenarios all of them depend on the cliff. if we go over the live the population of millionaires would drop by 315,000. their fortunes would drop by $240 billion. if we get a deal but bad for the economy the millionaire population would drop by 26,000 millionaires. if we get a deal and the
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> 28 days until the country plummets off the tax and fiscal cliff. big tax hikes could be coming for everyone but we see also a drastic reduction in the number of millionaires in the u.s. as a result of this tax cliff. robert frank joins us now with the details. good evening, robert....
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Dec 31, 2012
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you name it, a tough time for america's biggest egg company. >> yeah. what about magelin health services? >> they are tanking after one of their biggest customers decided not to renew their con trablgt. contract /* /- i know it doesn't sound like a lot, but they won't renew their contract with magellan on that news. >> there is a latest twist in this, a good one, bristol meyers squib and pfizer. >> the clot drug we have told you about, with approvals in japan and other countries for these drugs, they have a lot riding on eliquis. >> stellar for the past quarter of s&p and moving higher again today. >> yeah. over the past quarter, you're exactly right. you have seen criticism because the news is that the ceo has a million underpay. stock has done very well as mandy noted. a pay cut this year, so going back next year. look at the stock chart, still well off highs. some people say, why does he deserve any kind of a raise? i don't know. you can decide yourself. >> apple is moving 209 upside. this is yet another twist in the tale of this ongoing patent dispu
you name it, a tough time for america's biggest egg company. >> yeah. what about magelin health services? >> they are tanking after one of their biggest customers decided not to renew their con trablgt. contract /* /- i know it doesn't sound like a lot, but they won't renew their contract with magellan on that news. >> there is a latest twist in this, a good one, bristol meyers squib and pfizer. >> the clot drug we have told you about, with approvals in japan and other...
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Dec 27, 2012
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a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. >>> welcome back to "fast money." jcpenney was one of the worst performers in the s&p 500 today. "the wall street journal" saying 2013 is the do or die moment for retrailers like jcpenney along with best buy, sears and radio shack. what is remarkable to me, stephen weiss, is that a lot of analysts are finally getting behind ron johnson and his style, because jcpenney has reverted back to its promotion always, which didn't work in the first place. >> it's m
a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and...
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Dec 29, 2012
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live from america's news headquarterings. all eyes on the weather radar as more snow is heading not northeast. there is several inches in inloaned areas. two powerful systems expected to come up the east coast today. states are issues severe weather warnings. it is down to the wire. scramble since we have watched the economy go off the major cliff. president obama is saying they will have a agreement. this later on america's news headquarters. now back to forbes on fox . for all of your latest headlines. >> as the clock ticks down. new report shows that american workers are not using up all of the vacation time. they are said to be seen as lazy and losing their job. this is a good sign for the economy. how so, steve. not for those two reasons . we don't have too much vacation or little. we do it just right. europe had work like we did. you want lopping beer vacation you can have a stagnant economy like europe. we raise taxes we'll have longer vacation but fewer jobbings. >> you are right. we don't want to be like the french.
live from america's news headquarterings. all eyes on the weather radar as more snow is heading not northeast. there is several inches in inloaned areas. two powerful systems expected to come up the east coast today. states are issues severe weather warnings. it is down to the wire. scramble since we have watched the economy go off the major cliff. president obama is saying they will have a agreement. this later on america's news headquarters. now back to forbes on fox . for all of your latest...
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Dec 24, 2012
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let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. boproductivity up, costs down, thtime to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilo
let'for an idea.s - a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the...
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Dec 20, 2012
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subscribers in north america, though, he said, showed the largest decline. the number was 79 million down from 80 million, a quarter ago. that's important, pause the subscriber number is kind of a lagging number. as you see devices go down later on, you see subscribers go down. if they're still losing them in north america, that hasn't stabilized to strength is in emerging markets. they aren't going to be buying blackberry 10. are people going to switch off their iphones and android devices in america over to blackberry 10, that's what rim has to hope for. a question. is that a quarter on quarter comparison, in terms of declining the most or year on year? >> it is a quarter on quarter comparison. that's the context of what he was saying. subscribers actually increased year on year. >> okay, john, thank you for that. we'll get more from john on the conference call later on in the show. >>> meantime, all day, scott wapner has been counting down the worst trades of 2012. up next, he unveils the final name on the list. the worst trade of the year. >>> plus, we c
subscribers in north america, though, he said, showed the largest decline. the number was 79 million down from 80 million, a quarter ago. that's important, pause the subscriber number is kind of a lagging number. as you see devices go down later on, you see subscribers go down. if they're still losing them in north america, that hasn't stabilized to strength is in emerging markets. they aren't going to be buying blackberry 10. are people going to switch off their iphones and android devices in...
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Dec 19, 2012
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this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> hanging with mr. cooperman. hedge fund, titan and ceo of omega advisor. can a shipping giant deliver for investors? inching closer with washington on the first quarter? i don't know. the second hour of squawkbox begins right now. >> good morning, everybody. welcome back to "squawk box" on cnbc. i'm becky
this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the...
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Dec 30, 2012
12/12
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part of the bargain let's get america off of a far more dangerous drug than corn or ethanoyl. it hurts food shoppers and tears up the inside of the engine. >> two wrongs don't make a right. what john was referring to was windmills in places like norway. >> and holland. >> and what is happening the wind sector took off in norway and in denmark. at the samime gerald ford and carter were pushing shell gas development. >> and that was viable. >> and thats 50 percent of what is going on in wind energy and equals the price . you net out 15 percent of the oil. are we making the companies economically profitable or if not. they should be killed off and otherwise we are padding the profits. morgan, you still like solar and what about wind. >> the price of tha is coming down. wind energy let is it lapse and slash a bor corn sib sidies. going back to wind. it is 8,000 percent higher than the cost of natural gas for the same amount of electrical lout put. >> i agree with her on this. >> what is more interesting is what liz said. carter and ford got behind shell oil when it was not economi
part of the bargain let's get america off of a far more dangerous drug than corn or ethanoyl. it hurts food shoppers and tears up the inside of the engine. >> two wrongs don't make a right. what john was referring to was windmills in places like norway. >> and holland. >> and what is happening the wind sector took off in norway and in denmark. at the samime gerald ford and carter were pushing shell gas development. >> and that was viable. >> and thats 50 percent of...
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Dec 30, 2012
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part of the bargain let's get america off of a far more dangerous drug than corn or ethanoyl. it hurts food shoppers and tears up the inside of the engine. >> two wrongs don't make a right. what john was referring to was windmills in places like noay. >> and holland. >> and wha is happening the wind sector took off in norway and in denmark. at the same time gerald ford and carter were pushing shell gas developnt. >> and that was viable. and that is 50 percent of what is going on in wind energy and equals the pice . you net out 15 percent of the oil. are weaking these compaes economically profitable or if not. they should be killed off and otherwe we are padding the profits. morgan, you still like solar and what about wind. >> the price of that is coming down. wind energy let is it lapse and slash and born corn sib sidies. going back to wind. it is 8,000 percent higher than the cost of natural gas for the same amount of electrical lout put. >> i agree with her on this. >> what is more interesting is what l said. carter and ford got behind shell oil when it was not economically
part of the bargain let's get america off of a far more dangerous drug than corn or ethanoyl. it hurts food shoppers and tears up the inside of the engine. >> two wrongs don't make a right. what john was referring to was windmills in places like noay. >> and holland. >> and wha is happening the wind sector took off in norway and in denmark. at the same time gerald ford and carter were pushing shell gas developnt. >> and that was viable. and that is 50 percent of what is...
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Dec 14, 2012
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obviously a very difficult day for everybody in america, but we do appreciate you watching "street signs." cnbc will have continuing coverage of your markets, all your post-close news and, of course, what is going on in newtown, concome our hearts and prayers go out to all those people affected by that. "closing bell" is next. >> i'm bill griffith. welcome to "closing bell." maria will be along here in a few minutes at the new york stock exchange, and we add our sentiments as we continue to update you on the horrific massacre at the connecticut elementary school. our deepest prayers and sympathies to all of the families and others hit by this senseless tragedy. the horror of the story may have muted trading on wall street today, as all priorities are being rearranged in a moment, and we will get you caught up on these markets in just a moment, but first we want to let you know. president obama is set to make a statement on this tragedy from the white house around 3:15 eastern. our john harwood is in washington with some more details on what we know right now. john? >> reporter: well, bil
obviously a very difficult day for everybody in america, but we do appreciate you watching "street signs." cnbc will have continuing coverage of your markets, all your post-close news and, of course, what is going on in newtown, concome our hearts and prayers go out to all those people affected by that. "closing bell" is next. >> i'm bill griffith. welcome to "closing bell." maria will be along here in a few minutes at the new york stock exchange, and we add...
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Dec 20, 2012
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we've delivered over 600 in north america so far. it's a huge success. it's the quickest car in its segment. it has a carbon fiber construction. a lot of formula one drive technology. 0 to 60 in about three seconds and a quarter of a mile in under 11 seconds. >> you said you can roll down the back so you can still hear the engine. must be a really cool sound, right? >> you sure can. let me finish closing up -- >> the back? >> yeah, andrew, you had to keep your finger on that thing. >> here we go. >> might open now. >> open up. >> that's okay. we can open it and start. >> yeah. >> all right. >> i'll back up with my mike back here. >> wow. >> it's pretty. >> i think you're talking to me telling me we need to go, right? >> we do need to go. >> can't hear. >> you square for the quality, not at the quality, i mean it's not going to be like some british car where you got to drop the engine to change the wiper blade, right? >> you make this car in our technology center just outside of london, the same place where our formula one cars are designed and built. >>
we've delivered over 600 in north america so far. it's a huge success. it's the quickest car in its segment. it has a carbon fiber construction. a lot of formula one drive technology. 0 to 60 in about three seconds and a quarter of a mile in under 11 seconds. >> you said you can roll down the back so you can still hear the engine. must be a really cool sound, right? >> you sure can. let me finish closing up -- >> the back? >> yeah, andrew, you had to keep your finger on...
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Dec 18, 2012
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because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. sfwlimplts right now on andrea mitchell reports, on safe ground. our colleague richard engel and his team are free after a dramatic firefight in syria where they had been kidnapped and held for five days. >> they kept us blindfolded, bound. we weren't physically beaten or tortured. a lot of psychological torture. they made us choose which one of says would be shot first and when we refused, there were mock shootings. >> we will have more on their harrowing escape coming up. >>> classes for other students are resuming in newtown for the first time since friday's deadly school massacre. as two more young victims are laid to rest today. in washington is the momentum for gun co
because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. sfwlimplts right now on andrea mitchell reports, on safe ground. our colleague richard engel and his team are free after a dramatic firefight in syria where...
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Dec 31, 2012
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next up, bank of america. the financial stock hands down the best performer in the dow this year, surging 109%. hold 'em or fold 'em. tim? >> you have to hold 'em. the thing that's not understood by people is that the trading part of this story, everybody recognizes the commercial banking story has gotten better. how about trading this? how about investment banking? this is something that's been a total head wind. and the fundamentals have been priced into these stocks that, say, they're not going to make money again. bank of america's got a big franchise. they told merrill lynch over five years ago. i would say long this name. >> and finally, the refiner tesoro, up 88% this year. grasso? >> they don't show that they missed this type of a rally. i think they're going to come under pressure, though, so, i fold. >> nice and strong, all of you. >> wow. >> gold stars for everyone. except for guy. >> i never get one. >>> coming up, market predictions. our traders tell you how to attack the new year. but first, jane
next up, bank of america. the financial stock hands down the best performer in the dow this year, surging 109%. hold 'em or fold 'em. tim? >> you have to hold 'em. the thing that's not understood by people is that the trading part of this story, everybody recognizes the commercial banking story has gotten better. how about trading this? how about investment banking? this is something that's been a total head wind. and the fundamentals have been priced into these stocks that, say, they're...
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Dec 18, 2012
12/12
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because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. sfwlimplts right now on andrea mitchell reports, on safe ground. our colleague richard engel and
because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. sfwlimplts right now on andrea mitchell reports, on safe ground. our colleague richard engel and
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Dec 30, 2012
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it shows the can do spirit is alive in america like nowhere else. i hope it carries us forward beyond the planets. >> my person of the year is also arguably the most powerful person in the world, but she does not give very many speeches and not fancy. she is andrea merkel and chance that legislator of germany. she is trying to save us from an economic calamity in europe. it's not perfect but she has nudges some of these countries toward reform. she agreed on some bailouts to keep it going. if the euro survive it will be thanks to her. >> paul: and she wins reelection? >> absolutely. >> mine to the people of year is people of new york and new jersey with hurricane sandy. half of them without power. subways, no gas, scenes looks like it's out of the dresden fire bombing but civilization did not fall away. there was no crime or violence. people did the best they could and things will look better in the morning. it's a testament to resilience and grace under pressure. >> paul: my miss goes to chief justice john roberts for his ruling that the affordable
it shows the can do spirit is alive in america like nowhere else. i hope it carries us forward beyond the planets. >> my person of the year is also arguably the most powerful person in the world, but she does not give very many speeches and not fancy. she is andrea merkel and chance that legislator of germany. she is trying to save us from an economic calamity in europe. it's not perfect but she has nudges some of these countries toward reform. she agreed on some bailouts to keep it...
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Dec 17, 2012
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. >> difficult images, difficult words for these dark days in america. we begin this afternoon as the first of many funerals are held in newtown, connecticut. the beginning of what will prove to be a parade of ceremonies laying to rest beautiful young children and their dedicated young teachers who became the victims of a senseless and unspeakable act of violence. children like 6-year-old noah pozner, smart as a whip, gentle but rambunctious, mourned by his twin sister ariel who was in a different classroom and survived. jack pinto, also 6, loved skiing, baseball, and football and was a big fan of the new york giants, especially victor cruz. the star receiver wore the boy's name on his cleats and gloves in tribute during the giants game sunday night. as a nation grapples with how and why these many young lives were cut brutally short, it fell to the president in newtown last night to face the impossible task of consoling a town that lay in emotional ruins. >> i can only hope it helps for you to know that the you're not alone in your grief. that our world
. >> difficult images, difficult words for these dark days in america. we begin this afternoon as the first of many funerals are held in newtown, connecticut. the beginning of what will prove to be a parade of ceremonies laying to rest beautiful young children and their dedicated young teachers who became the victims of a senseless and unspeakable act of violence. children like 6-year-old noah pozner, smart as a whip, gentle but rambunctious, mourned by his twin sister ariel who was in a...
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Dec 6, 2012
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made in america and exported. the glass on the phone is made in kentucky so we've been forking for years doing more and more in the united states. next year we'll do one of our existing m autoc lines in the united states. >> say barack obama called you in tomorrow and said get everybody out of china and do whatever you have to do, make everything you make in the you sat, what would that do to the price of this device? >> it's not so much about the price, it's about the skills, et cetera. wave pied piper. while how are you not steve jobs? >> in many ways. one of the things he did for me that removed a gigantic burden that would have normally existed is he told me on a couple of occasions before he passed away to never question what he would have done, never ask the question what steve would do, to just do what's reegt. >> see the entire interview tonight on "rock center" 10:00 p.m. eastern time on nbc. joining us is jonathan geller, editor-in-chief of "the boy gene success report." what's happened with the products
made in america and exported. the glass on the phone is made in kentucky so we've been forking for years doing more and more in the united states. next year we'll do one of our existing m autoc lines in the united states. >> say barack obama called you in tomorrow and said get everybody out of china and do whatever you have to do, make everything you make in the you sat, what would that do to the price of this device? >> it's not so much about the price, it's about the skills, et...
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Dec 6, 2012
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. >>> and nat gas revolution, the government says exporting nat gas could be a game changer for america's economy, but at what cost? we'll take a deeper dive to find some answers. but first, our top story tonight. >>> everyone cares about the fiscal cliff, except, seemingly, the markets. just 25 days until the year end deadline and still no deal out of washington. still stocks quietly climb higher. the dow closing today at a one-month high. what gives? just an assumption that a deal -- >> it almost gets back to that you never short. we're all waiting for some type of closure on the fiscal cliff. so everyone's afraid to take that stab in the dark and say, you know what? things look terrible. no matter how they paint the picture, things look slower in the next couple of quarters than they do right now. am i right? >> yeah. >> so global growth, you have everything coming in, global growth is going to be terrible. growth here around 2%, 2.5%. so people want to short the market, they're just so afraid to because every time they short it, it bounces right back. >> and it seems now with headline
. >>> and nat gas revolution, the government says exporting nat gas could be a game changer for america's economy, but at what cost? we'll take a deeper dive to find some answers. but first, our top story tonight. >>> everyone cares about the fiscal cliff, except, seemingly, the markets. just 25 days until the year end deadline and still no deal out of washington. still stocks quietly climb higher. the dow closing today at a one-month high. what gives? just an assumption that...
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Dec 22, 2012
12/12
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you were bullish on bank of america, bearish on sprint. tell me why. >> bank of america, all of the financials will go up. it is inevitable that yields will rise, bond prices will to drop which improves the margins and helped the anks. ironically it will make a big difference with earnings, and bankamerica has a much of the litigation behind them. in terms of sprint, just simply because sprint, ticker symbol s, has been able to make its acquisition of clear wire and even fix up the balance seet, owning all ths new spectrum, this spectrum oes not matter if it's not on mobilizes. plus, we all remember then sprinted nextel merger. bottom line, they all go for verizon or at&t. that natural tendency. they are up against a really big mountain. gerrii you're not happy with that. you have made some stock picks arrest iluding intercept. goldman, mrgan to finance as yet talked about. apple, up 25%. they have come down here. lots of questions about them, but you are a bull. >> i was a bear when it hit the top there. apple is fuamentally a cheap stock
you were bullish on bank of america, bearish on sprint. tell me why. >> bank of america, all of the financials will go up. it is inevitable that yields will rise, bond prices will to drop which improves the margins and helped the anks. ironically it will make a big difference with earnings, and bankamerica has a much of the litigation behind them. in terms of sprint, just simply because sprint, ticker symbol s, has been able to make its acquisition of clear wire and even fix up the...
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Dec 18, 2012
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high yield, corporate america, still around 6.5% and loans are around 5% and a more short duration assets. she should be trading at the higher end of the market. >>> when when we talked to david tepper, he said equities are the better value at this point. would you agree with that? >> yeah. i think if we get past this fiscal plan, all likelihood is next year will be a positive year. think about what can drive equity returns next year, it will be more about multiple expansion. he think there will be some leverage growth. where are you going the drive equity returns will be if multiples increase and really drive equity valuations. the high yield market in a lower growth stable market is going to get you good, stable returns with a lot less volatility. we do like some equities here, but we also like the credit markets and the loan markets. >> kevin, why doebts you weigh in on where things stand right now. we know what the fed is doing at this point. if washington gets its act together and we see some sort of an agreement, does that change the situation drastically? >> well, the market moved
high yield, corporate america, still around 6.5% and loans are around 5% and a more short duration assets. she should be trading at the higher end of the market. >>> when when we talked to david tepper, he said equities are the better value at this point. would you agree with that? >> yeah. i think if we get past this fiscal plan, all likelihood is next year will be a positive year. think about what can drive equity returns next year, it will be more about multiple expansion. he...
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Dec 26, 2012
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there's another new high on bank of america. citigroup is at a 52-week high and soj me of the regional bank also on a high as well. >> time for a cough drop. >> sorry. >> bob pisani battling through. we are also on storm watch today. the deadly system that dumped snow and sleet in the country's midsection, releasing tornadoes around the deep south, that's now moving towards the northeast and it is having a major impact on holiday travelers. with hundreds of flights now canceled. weather channel meteorologist david malkoff has the very latest on the storm's path. >> wow, look at that. we are getting 25, 26, 28 mile an hour wind gusts right here on the northern suburbs of indianapolis, indiana, and it is getting worse as the winds start to push and the snow starts to fall down here. let's talk about the airports around the nation. starting here in indianapolis, at last check, 144 flights canceled. we're seeing the same kind of numbers out of dallas and also cancellations out of chicago. at cleveland-hopkins, out of columbus, all o
there's another new high on bank of america. citigroup is at a 52-week high and soj me of the regional bank also on a high as well. >> time for a cough drop. >> sorry. >> bob pisani battling through. we are also on storm watch today. the deadly system that dumped snow and sleet in the country's midsection, releasing tornadoes around the deep south, that's now moving towards the northeast and it is having a major impact on holiday travelers. with hundreds of flights now...
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Dec 29, 2012
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and as america deals with a fiscal crisis, france is facing its own battle. a high court just throwing out a plan to tax the wealthy at 75%, saying it's unfair. it was a measure president francois hollande would help cut the deficit budget. the court took issue with not with the tax, but taxing household equally. and for the latest headlines log onto foxnews.com. you're watching the most powerful name in news, fox news channel. >> paul: welcome back to this special he edition, journal he had t.editorial report. and this year continued high unemployment and slow economic growth. what can we expect in 2013? we're back with dan henninger, mary anastasia o'grady and dan moore. mary explain the slow growth and the markets. >> if respect to the markets, i would say if you look at a chart for, for example, the s&p 500, you go back to april of 2011 to october of 2012. you're basically flat. there's a lot of churning up and down, but in the last months a pickup there and certainly, from the end of -- from the beginning of this year we saw a run on the market, but you
and as america deals with a fiscal crisis, france is facing its own battle. a high court just throwing out a plan to tax the wealthy at 75%, saying it's unfair. it was a measure president francois hollande would help cut the deficit budget. the court took issue with not with the tax, but taxing household equally. and for the latest headlines log onto foxnews.com. you're watching the most powerful name in news, fox news channel. >> paul: welcome back to this special he edition, journal he...
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Dec 4, 2012
12/12
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that's what makes america great. we could use a little of that in washington, we might get the fiscal cliff resolved. >> great point to make. tom, good to have you on the program. thanks so much. >> nice to be here. >> thomas wilson joins us, the chairman and ceo of allstate. >>> up next, high-end dreams. we'll talk high-end real estate next. >>> later, sticker shock at the hospital. we're going over the fiscal cliff. will that coupled with obamacare kicking in sent your hospital bills through the roof? i'll talk with the head of one of the biggest hospital groups in the city. stay with us. back if a moment. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. since ameriprise financial was founded back in 1894, they've been committed to puttin
that's what makes america great. we could use a little of that in washington, we might get the fiscal cliff resolved. >> great point to make. tom, good to have you on the program. thanks so much. >> nice to be here. >> thomas wilson joins us, the chairman and ceo of allstate. >>> up next, high-end dreams. we'll talk high-end real estate next. >>> later, sticker shock at the hospital. we're going over the fiscal cliff. will that coupled with obamacare kicking...
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Dec 29, 2012
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we have a special report "america's economy held hostage," why sunday night you ask? because the house leadership is ng back. the house of representatives is coming back and congress will suppose lead work all weekend to come up with something to vote sunday night or maybe on monday. >>> another leadership crisis involving the failing relations with russia. the adoption ban with the u.s. now in place. will the white house respond? will the president cancel his planned trip to moscow? we'll have more on that next. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. it's no wonder so many investors are saying... to the best vacation sp(all) the gulf! it doesn't matter which o
we have a special report "america's economy held hostage," why sunday night you ask? because the house leadership is ng back. the house of representatives is coming back and congress will suppose lead work all weekend to come up with something to vote sunday night or maybe on monday. >>> another leadership crisis involving the failing relations with russia. the adoption ban with the u.s. now in place. will the white house respond? will the president cancel his planned trip to...
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Dec 31, 2012
12/12
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bank of america has given us barely anything right now. >> those are all quite valuable. i think rotating out of bac going into a financial other type but equal quality, so to speak, makes a lot of sense. but i think as it goes, the dow herery here or the implication of buying the dogs of the dow is not going to work presumptively in 2013. >> and you agree, too, jeff, huh? >> absolutely with hpq. listen. carter said it. they're in a dying business. and the businesses that they're in, they're not leading. if you're not leading, that's a recipe for underperforming. >> let me ask you both very quickly. last year if we were standing here, would either of you said that you thought b of a would have been the best performing dow this year? >> no way. >> jeff? >> absolutely not. >> your honor, i rest my case. happy new year, guys. >> happy new year, bill. >> thanks very much. >>> we're still sitting up by nearly 100 points on the dow. president obama earlier on today saying it does appear a deal on the fiscal cliff is nearing. it is within sight. obviously a bit of work still to
bank of america has given us barely anything right now. >> those are all quite valuable. i think rotating out of bac going into a financial other type but equal quality, so to speak, makes a lot of sense. but i think as it goes, the dow herery here or the implication of buying the dogs of the dow is not going to work presumptively in 2013. >> and you agree, too, jeff, huh? >> absolutely with hpq. listen. carter said it. they're in a dying business. and the businesses that...
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Dec 6, 2012
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> welcome back. with just 25 days left to avert the fiscal cliff and after yesterday's hot rhetoric on the campaign trail, our first read team says there's a light at the end of the tunnel. they write perhaps some of our media brethren should stop with the sky he is falling headlines. they say a deal is in sight. the only question is how big. today the washington post reports republican centrists and they're calling on speaker boehner. joining me to talk about it, mark murray. so the something in return, what would it be specifically, mark? >> there are two options on the table if republicans do budge on taxes. that seems to be where everything is moving. the one option is they kind of resolve the tax issue and kick the can down the road on entitlements and the debt ceiling. we have a big fight over those in the spring
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> welcome back. with just 25 days left to avert the fiscal cliff and after yesterday's hot rhetoric on the campaign trail, our first read team says there's a light at the end of the tunnel. they write perhaps some of our media brethren should stop with the sky he is falling headlines....
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Dec 22, 2012
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that seems to be one of the big debates in america this evening. let's bring back our panel, and we welcome nan hayworth. let's start with the nra they want armed guards in the schools. what's your take? >> well, larry, this is -- we are still reeling from a hideous event. so there are going to be a lot of ideas that from every segment of our society that people are going to have. i think your point is very well taken about the value of faith. whatever someone's faith may be, and family-based faith, as well. because if we can as a culture be mindful that there are -- there are people and there are interests and there's a society outside our own heads. i think the video games play into that because people have become young people and these are young men who do these. they're deeply disturbed, but there is a cultural milieu that contributes, i think, to that sense that somehow they feel they can go out and be destructive, by whatever means. and as we know -- >> katie, a cultural milieu, an interesting way to put that. you're going to put armed guards
that seems to be one of the big debates in america this evening. let's bring back our panel, and we welcome nan hayworth. let's start with the nra they want armed guards in the schools. what's your take? >> well, larry, this is -- we are still reeling from a hideous event. so there are going to be a lot of ideas that from every segment of our society that people are going to have. i think your point is very well taken about the value of faith. whatever someone's faith may be, and...
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Dec 27, 2012
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everybody says the fha is good for america. you beg to differ. how come? >> thank you, brian. pleasure to be here. fha is really a tale of two neighborhoods. it makes low risk loans relatively speaking in certain neighborhoods and it makes high risk loans in other neighborhoods. it calls the average okay although as you indicated it's actually has the substantial negative net worth. it calls it on the average that it's okay. the average doesn't work for the 9 nourks neighborhoods that we studied where the average foreclosure rate for the 2009 and 2010 originations, which were well after the financial collapse, where those originations are expected to have about a 10% foreclosure rate minimum and an average foreclosure rate of about 15%. so it's really putting borrowers in these neighborhoods on a tight rope without a safety net and they're literally a water heater or a roof leak away from disaster. >> so to paraphrase, let's say you have a house with eight streets on it. a couple people are doing well. somebody is given a loan they should never have gotten. they will not pay i
everybody says the fha is good for america. you beg to differ. how come? >> thank you, brian. pleasure to be here. fha is really a tale of two neighborhoods. it makes low risk loans relatively speaking in certain neighborhoods and it makes high risk loans in other neighborhoods. it calls the average okay although as you indicated it's actually has the substantial negative net worth. it calls it on the average that it's okay. the average doesn't work for the 9 nourks neighborhoods that we...
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Dec 10, 2012
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it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can undetand when our entrepreneurs think i do not want to hire pple then i want to keep my company small then i am stuck with a mandate. i am worried we become like you're up at the same time that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated laissez-faire economy just make sure you have enough breathing room to prosper. over time if gornment grows faster than a private sector that wedge means the burden of gdp, it is not like one straw causes it to collapse, but there is a tipping point*. are we five years away from being eece or italy? twenty years? i don't know. this trendne is bad. happening under bush and obama. it does not work. john: good intentions and that go bad. clean energy's. >> solyndra. the tip of the a's spurred. dozens of companies go bad. the story behind the story. campaign contrib
it shows how america has recovered since the great depression. to sit out this graph from dan mitchell because of these rules add this up and the government spending, tax increase coming can undetand when our entrepreneurs think i do not want to hire pple then i want to keep my company small then i am stuck with a mandate. i am worried we become like you're up at the same time that model is falling apart. john: we did have these laws but not as many. >> as much as seven like the regulated...
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Dec 18, 2012
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a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. >>> chip stocks have been on a tear lately. brian sullivan has a quick market check. >> everybody's moving to flash memory, and nobody's going to use the traditional hard drive anymore. it's all in the cloud. well, don't tell that to sea gate. seagate is off the highs of august but nearly doubled in a year. the move here, technical. you've got 200-day moving averages for seagate. it took a dip the last couple of months, but it's on its way back the last co
a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and...
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Dec 5, 2012
12/12
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and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. by december 22nd sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. >>> we can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past.
and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. by december 22nd sfx- "sounds of african drum and flute" look who's...
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Dec 27, 2012
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only four hours to go until america goes over the fiscal cliff. the dow jones industrial average down 113 points. had been down 148 points. look at that as we come on the air back above 13,000 level, not by much. the nasdaq, the biggest decline. 33 points. below 3,000 now at 2957. actually, hasn't been below 3,000 before that. s&p lower by 14 points. a decline of 1%. 1405 so holding onto the 1400 level. president obama is back at the white house. all eyes are on senate lawmakers now. amam jabbers is in washington. >> reporter: president obama did cut his vacation short in hawaii. he has arrived back at the white house this morning. the president emerging from marine one. what he's going to work on here in washington is pretty much anybody's guess at this point. the senate came back into session this morning and senate majority leader harry reid took to the senate floor to explain that he thought a $250,000 and above extension of the tax -- bush tax cuts could, in fact, pass and he was extremely, extremely angry in ways that you really hear on the
only four hours to go until america goes over the fiscal cliff. the dow jones industrial average down 113 points. had been down 148 points. look at that as we come on the air back above 13,000 level, not by much. the nasdaq, the biggest decline. 33 points. below 3,000 now at 2957. actually, hasn't been below 3,000 before that. s&p lower by 14 points. a decline of 1%. 1405 so holding onto the 1400 level. president obama is back at the white house. all eyes are on senate lawmakers now. amam...
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Dec 10, 2012
12/12
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france is not america, of course. they probably won't leave america. but, you know, i think first of all we've got to state this fact that this is a delusion that people making $250,000 a year are rich. this is clearly the upper middle class. these are the people that are going to get hurt. the wealthy, i mean the mitt romneys and the donald trumps of the world, they have been preparing for this for years. they have a team of wealth advisors, all the rich people do. they're prepared for this. stuart: how do they do it? how do they avoid -- if i'm rich and i know that come january the 1st my tax rate goes from 35 o 39 percent, i know that in advance, how do i avoid it? >> i was talking to my financial advisor a few hours ago. he was saying he has all kinds of clients transferring their businesses to their heirs, to their kids' names, putting their significant assets in their children's names to avoid the giant hike in the estate tax. this is one of the things they are doing. they are putting money in, you know, tax-free and tax-deferred accounts. i mean
france is not america, of course. they probably won't leave america. but, you know, i think first of all we've got to state this fact that this is a delusion that people making $250,000 a year are rich. this is clearly the upper middle class. these are the people that are going to get hurt. the wealthy, i mean the mitt romneys and the donald trumps of the world, they have been preparing for this for years. they have a team of wealth advisors, all the rich people do. they're prepared for this....
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Dec 22, 2012
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. >> live from america's news headquarters. i am kelly wright. an american marine is back on american soil after being released from prison. the judge released john hammar last night after ruling gance his weapon's chargings. this is a picture of him locked up shackled to a bed. he was arrested when he was driving across the border with an hireloom gun. >> this is a baby, rolling away in a shopping cart anded hading to a busy street. the police officer was at the right place at the right time and helped to save the child. the wisconsin police said the baby's mother placed the other child in the car and the shopping cart took off . it was a big scare but no injuries. here we go again. a bill intended to aid super storm sandy victims . this has spending hawks peeves. explain your flip side. >> i have no problem but i will say it is more important to thwart than haggle in congress. i live in loir manhattan and we have seen problems with super storm sandy. we have businesses that are close not reopening and this is happening in areas hit by the storm
. >> live from america's news headquarters. i am kelly wright. an american marine is back on american soil after being released from prison. the judge released john hammar last night after ruling gance his weapon's chargings. this is a picture of him locked up shackled to a bed. he was arrested when he was driving across the border with an hireloom gun. >> this is a baby, rolling away in a shopping cart anded hading to a busy street. the police officer was at the right place at the...
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Dec 22, 2012
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we're still going to mo on in america. we're still going to get out there and try to make money. we're still going to do our thing. we'll still try to make a better future for our kids in spite of what is going on, even if we don't belve in bigger government. what do you do first? first thing r the new year looking out into the horon the way things stand? >> probably havextra drink. melissa, you're right. things don't stop on january 2nd. you make a really good poin factories just don't close down. they don't fire everybody. i think people do move on. don't forget the government has done this before. we've come to points in januarwith the estate tax, amt, where they have done a retroactive application. don't be surprised if we go into january, things look terrible and they put a quick fix on it. melissa: steven, what about that? they never do anything anyway. raise some taxes. won't do anything else. we'll just horrible along. it's not that teible? >> well, look i think there is case to be made for that but look, i would disagree with scott. this is something that could pass the
we're still going to mo on in america. we're still going to get out there and try to make money. we're still going to do our thing. we'll still try to make a better future for our kids in spite of what is going on, even if we don't belve in bigger government. what do you do first? first thing r the new year looking out into the horon the way things stand? >> probably havextra drink. melissa, you're right. things don't stop on january 2nd. you make a really good poin factories just don't...
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Dec 30, 2012
12/12
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i think this is the big story in america, paul. i was i talking about the red states getting reder, the blue states like california and new york and, my home state of illinois got bluer. republicans are endangered species in those states. and now you have a very sharp contrast. it is an almost economic vulcanization. california passed a massive tax increase, and i think more so than any other time in our lifetime, paul, you will see a very divergent path taken by states like california that are very liberal, and some of the states in the south that will promote tax cuts, reductions in pension class, and i think it will be a real experimente to see which models work. >> do you predict california will not get down from the jobless rate and will see an out flow of capital? the state still has tremendous resources in agriculture and high-tech obviously and the hollywood area. are you over doing some of the pessimism here about california? >> no, i do not think -- i think it is hard to see any optimistic forecast for california. everywh
i think this is the big story in america, paul. i was i talking about the red states getting reder, the blue states like california and new york and, my home state of illinois got bluer. republicans are endangered species in those states. and now you have a very sharp contrast. it is an almost economic vulcanization. california passed a massive tax increase, and i think more so than any other time in our lifetime, paul, you will see a very divergent path taken by states like california that are...
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this country uses violence when it was chooses and then it legitimizes the violence they are made in america on the ati. wealthy british style sign. that's not on. market why not. find out what's really happening to the global economy with mike's cars or for a no holds barred.
this country uses violence when it was chooses and then it legitimizes the violence they are made in america on the ati. wealthy british style sign. that's not on. market why not. find out what's really happening to the global economy with mike's cars or for a no holds barred.
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Dec 21, 2012
12/12
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because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. or treat gas with these after you get it. now that's like sunblock before or sun burn cream later. oh, somebody out there's saying, now i get it! take beano before and there'll be no gas. >>> welcome back to "the ed show." john boehner's failure to get support for his plan b is probably the worst possible outcome for the republicans in these fiscal cliff negotiations. let's bring in msnbc political contributor steve benen of the maddow blog and also michael tomasky, special correspondent for "newsweek" and the daily beast. well, gentlemen, we've had a lot unfold here over the last half hour. john boehner may be one of the weakest speakers of the house ever. he could not get
because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. or treat gas with these after you get it. now that's like sunblock before or sun burn cream later. oh, somebody out there's saying, now i get it! take beano...
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Dec 31, 2012
12/12
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i mean, else's the president of the united states of america. we are facing a fiscal crisis right now, an economic crisis, for heaven's sake. shouldn't we expect the president to go a long way towards dealing with this and leading us out of it? and i don't see it, frankly. >> i don't either. and i think his view, honest he isly, he just won an election and so he calls the shots and republicans should just follow along, even though republicans kept their majority in the house and there's a great deal of the country that does not support the way that obama would like to deal with this problem. stuart: look how it's been presented in the establishment media. president obama cutting short his holiday vacation, returning to washington trying to fix the fiscal mess. thank you very much, mr. president. mr. boehner, speaker boehner, oh, he finally gets the house back in session on sunday night. and then we have some democrats saying, why don't these republicans quit defending their millionaire pals. the way it's presented in the establishment media is h
i mean, else's the president of the united states of america. we are facing a fiscal crisis right now, an economic crisis, for heaven's sake. shouldn't we expect the president to go a long way towards dealing with this and leading us out of it? and i don't see it, frankly. >> i don't either. and i think his view, honest he isly, he just won an election and so he calls the shots and republicans should just follow along, even though republicans kept their majority in the house and there's a...
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Dec 20, 2012
12/12
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over the past 20 years, as many as 60,000 russian orphans found homes in america. but isolated cases of abuse by adoptive parents in the u.s. have caused public outcries in russia. this person was abandoned by his american adoptive mother and sent back to moscow. supporters of the bill say that russia should foster its own. >> if there is any doubt there are not adequate levels of safety for children in the u.s., it is serious grounds for suspension and a ban of adoption. unfortunately, the current position of the authorities in america shows their indifference to the fate of russian children. >> russia's own track record is poor. over 7000 children were adopted by russians in 2011, but more than half were rejected, returned to orphanages in the same time frame. with many child welfare groups in russia critical of the band, some in the kremlin have said the legislation should not be rushed into. a third reading of the bill is expected in the duma friday. ultimately, it will be up to president putin to decide whether it is a step too far. >>> russian police have tri
over the past 20 years, as many as 60,000 russian orphans found homes in america. but isolated cases of abuse by adoptive parents in the u.s. have caused public outcries in russia. this person was abandoned by his american adoptive mother and sent back to moscow. supporters of the bill say that russia should foster its own. >> if there is any doubt there are not adequate levels of safety for children in the u.s., it is serious grounds for suspension and a ban of adoption. unfortunately,...
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128
Dec 21, 2012
12/12
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MSNBCW
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but the larger question is what is going to happen to america. what's going to go -- >> they don't care. they don't seem to care, do they? >> well, that's not the entire republican caucus. there's a large percentage of the republican caucus that is rational on this issue even though they may not be exactly where we are in the democratic caucus. these votes can be put together. speaker boehner, would you really be serious about what's good for america? we can put the president's plan on the table, on the floor tomorrow, and it would pass with republican votes if speaker boehner is willing to put his speakership at risk. >> you think it would pass? you think the president's plan would pass if boehner were to bring it up? >> i think it has a very good chance of passing. it's a compromise all the way through. and it has the balance of cuts and taxes. it's a good plan. there are things in it that i don't like. as i said on your show earlier, i'm willing to compromise and do what's good for america. >> and congressman cummings, is it an intriguing ques
but the larger question is what is going to happen to america. what's going to go -- >> they don't care. they don't seem to care, do they? >> well, that's not the entire republican caucus. there's a large percentage of the republican caucus that is rational on this issue even though they may not be exactly where we are in the democratic caucus. these votes can be put together. speaker boehner, would you really be serious about what's good for america? we can put the president's plan...
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Dec 11, 2012
12/12
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CSPAN
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eye 101
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and we know america is aging. america is getting older every day. i think 10,000 people retire every day. by 2030 is as -- it is estimated 20% of the population will be aged 65 and over. this really targets services to an expanding population. next slide, please. the current funding formula for the older americans act, it is primarily based on age before title b and c and 7, the share of population age 60 and older, and for title 3e, the share of population which is 70 or older. the act also provide a minimal level of funding for each state. no state can receive less than half a percent in total appropriation. in 2012 these numbers were about 5.9 million and title seven, $108,000 respectively. the law also includes a provision, each state will receive a least as much as in the prior fiscal year. while the federal formula is based on age, the older americans act requires state programs to target prioritized services to that population with the greatest economic and social needs. these include factors like poverty, living at or below the poverty level
and we know america is aging. america is getting older every day. i think 10,000 people retire every day. by 2030 is as -- it is estimated 20% of the population will be aged 65 and over. this really targets services to an expanding population. next slide, please. the current funding formula for the older americans act, it is primarily based on age before title b and c and 7, the share of population age 60 and older, and for title 3e, the share of population which is 70 or older. the act also...
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Dec 13, 2012
12/12
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FBC
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eye 107
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good growth in asia-pacific and latin america and frankly the united states as well. liz: the competitor, cisco coming in, they want into the optical switch business ramping up, how would you stay ahead of them? >> they're very specialist player. we're not trying to be all things to all people. as such we have a lot of leading technology in this space and already won a lot of the major deals ready to roll out. tracy: are you hiring now going forward? here in the u.s.? speaker yes, we're actually doing some hiring in the united states. liz: good to see you, have a happy holiday. >> thank you, you two. liz: 46% over the past year. gary smith saying they have a good year ahead. the fed are going after a star in the hedge fund world through employee who left the company two years ago going so hard to the point they want a former employee to flip and cooperate with the investigation. charlie gasparino has the latest on the screws content to be tightened. you need to see this story. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the
good growth in asia-pacific and latin america and frankly the united states as well. liz: the competitor, cisco coming in, they want into the optical switch business ramping up, how would you stay ahead of them? >> they're very specialist player. we're not trying to be all things to all people. as such we have a lot of leading technology in this space and already won a lot of the major deals ready to roll out. tracy: are you hiring now going forward? here in the u.s.? speaker yes, we're...
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185
Dec 13, 2012
12/12
by
CNBC
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eye 185
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he's landed in america. we've got that story now. we also have duelling guest hosts ready to take the stage coming up at 7:00 eastern time. mat miller and joe watkins, they're going to go at it. they're going to be rising above, thinking below. more on squawk as we continue. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. yes, it is. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. i have obligations. cute tobligations, but obliga
he's landed in america. we've got that story now. we also have duelling guest hosts ready to take the stage coming up at 7:00 eastern time. mat miller and joe watkins, they're going to go at it. they're going to be rising above, thinking below. more on squawk as we continue. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can...